Prepaid Expenses

6 Months Ended

Jun. 30, 2011

Prepaid Expenses

Prepaid Expenses

(3)   PREPAID EXPENSES

The components of prepaid expenses included in other current assets as of June 30, 2011 and December 31, 2010 consisted of the following:

	June 30,	December 31,
	2011	2010
	(in thousands)
Prepaid drilling costs	$            20,706	$              21,997
Prepaid insurance	3,089	7,690
Total	$            23,795	$               29,687